Top News:

Mark Zuckerberg responds to fake news controversy and outlines projects Facebook is working on to combat the issue — A lot of you have asked what we're doing about misinformation, so I wanted to give an update. — The bottom line is: we take misinformation seriously.
Discussion:
NPR, Recode, @mikeisaac, TechCrunch, SiliconBeat, Vox, The Wrap, New York Times, Media Matters for America, TIME, The Hill, The Huffington Post, SFist, Washington Post, @jimkennedy250, @npr, Politicus USA, Mashable, CNET, Ad Age, VentureBeat, The Verge, Gizmodo, @mattyglesias, Fortune, Variety, iNews, Wall Street Journal, Adweek, @anildash, BuzzFeed, Business Insider, @joshconstine, @jhtscherck, @mikeisaac, @kantrowitz, @kantrowitz, @kantrowitz, @zeynep, @clarajeffery, @dseetharaman, @caseynewton, @kantrowitz, @sdkstl and Engadget
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John Borthwick of Betaworks and Jeff Jarvis of CUNY offer ideas and resources for tackling fake news on Facebook, Twitter, and Google — We—John Borthwick and Jeff Jarvis—want to offer constructive suggestions for what the platforms—Facebook, Twitter, Google, Instagram, Snapchat, WeChat …


President Obama weighs in on fake news, warning it could poison politics so that “we won't know what we're fighting for” — President Barack Obama weighed in on the growing debate over fake news, warning that it could poison politics to the point that “we won't know what we're fighting for.”
Discussion:
Columbia Journalism Review, Washington Post, Guardian, New Yorker, NPR, @tylerrooney, Ars Technica UK, BuzzFeed, Politicus USA, The Federalist, Engadget, The Daily Caller, Forbes, Independent Journal Review, The Awl - Medium, @keeganjoyce, Business Insider, Talking Points Memo, @kenroth, Vanity Fair, MediaShift, USA Today, iMediaEthics, Mediaite, Recode, AOL, Storyful Blog, www.wnyc.org, Jezebel, Nieman Lab, @dionnesearcey, @paulmozur, @taylorlorenz, New York Magazine, Fox News, @ddale8, The Mary Sue, emptywheel, The Huffington Post and Poynter


Fixation on Fake News Overshadows Waning Trust in Real Reporting — Something is deeply wrong when the pope's voice, reputation and influence can be borrowed by a source that describes itself as “a fantasy news site” to claim that he has endorsed a presidential candidate, and then be amplified …
Discussion:
@nycsouthpaw, @jayrosen_nyu and @jwherrman


A look at how fake news on Facebook has impacted foreign elections and political movements in Indonesia, the Philippines, Germany, Spain, and elsewhere — HONG KONG — Facebook rumors force a well-known politician to publish proof of his heritage. Fake images show a prominent female leader in a hangman's noose.
Discussion:
The Gateway Pundit, @johngotty, Mother Jones, @j_fuller, Washington Post, @nytimesbusiness, @tedr, @jeffbercovici, @postkranish, @n_gough, @puiwingtam, @paulmozur, @crtejada, Vanity Fair and @kdoctor


As a White House official, Steve Bannon would be prohibited from dealing with Breitbart News for at least a year, according to existing White House ethics rules — Under White House rules, Donald Trump's chief strategist would have to steer clear of the alt-right website he oversaw.
Discussion:
Hollywood Reporter, Gothamist, Washington Post, Independent Journal Review, @fordm, Daily Mail, @rosiegray, Eamonn Fitzgerald Rainy Day, AOL, ABC News, New York Magazine, @kairyssdal, @trottreuters, Mediaite, Mashable, Business Insider, The Daily Caller, The Wrap, @kfile, @scalzi, @politico, Talking Points Memo, @joshgerstein, @nycjim and TVNewser
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Donald Trump's digital director, Brad Parscale, says Facebook helped generate most of the campaign's $250M in online fundraising — Mark Zuckerberg is trying hard to convince voters that Facebook had no nefarious role in this election. But according to President-elect Donald Trump's digital …
Discussion:
Recode, @basche42, The Verge, The Huffington Post and The Wrap


Profile of Charles Harder, media lawyer who took down Gawker, who argues that the “actual malice” standard in libel suits should be discarded — Let the record show that Charles Harder does not whiten his teeth, nor does he make any effort to bronze his skin.
Discussion:
Law News, @mims, @johnjcook and Mediaite


Facebook is shutting down Atlas ad server and will focus on Atlas measurement tools — Facebook is shutting down the part of Atlas that didn't have a direct impact on ad sales but keeping the part that does. — Facebook's ad-tech strategy grows ever more insular.
Discussion:
Atlas Solutions, Adweek, @alistairmbarr, Business Insider, SocialTimes, AdExchanger, VentureBeat and ETF Daily News


Q&A with Chris Arnade, a reporter who spent a year covering Trump and his supporters, on campaign coverage, parachute journalism, and the information divide — A group of Trump supporters and “Hardee's Breakfast Club” members in Prestonsburg, Kentucky, put the politics talk on hold to pose for Chris Arnade.
Discussion:
Scripting News, @fuyeohhh, @chris_arnade, @chavarisa, @sulliview, @thecitywanderer, @mlcalderone, @coryschouten and @daviduberti
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Inside the Trump Tower press stakeout, as reporters wait for the president-elect, who has not instituted a protective pool, to emerge from his office — More than a week after the election, the media is still locked out. — NEW YORK — Just before 8 a.m. on Wednesday …
Discussion:
New York Times, @sparkyrandles, @mlcalderone, @tmcgev, @misswilson, @politico_media, @politico, @hadas_gold and @petersterne


Delaware filing: BuzzFeed authorizes sale of $200M worth of shares at $1.5B valuation, unchanged from last year — BuzzFeed is raising another $200 million at a valuation of $1.5 billion, the same valuation it had last year, according to documents from CB Insights.
Discussion:
TechCrunch, @bryanrbeal, @sarahcuda, Recode, Fast Company and Fortune


The double-edged sword of Trump: anti-journalist President-elect who is good for ratings and traffic — You can't just blame Jeff Zucker. — “This is the best gift the popular press could have gotten,” one cable-news executive told me a day after Donald Trump had improbably won the presidential election …
Discussion:
CNNMoney and SiliconBeat